Diario Oficial de la Unión Europea del 20/11/2023 - Comunicaciones e Informaciones
Text version What is this?Dateas is an independent website not affiliated with any government agency. The source of the PDF documents that we publish is the official agency stated in each of them. The text versions are non official transcripts that we do to provide better tools for accessing and searching information, but may contain errors or may not be complete.
Source: Diario Oficial de la Unión Europea - Comunicaciones e Informaciones
Official Journal of the European Union
EN
C series
C/2023/1051
20.11.2023
Prior notification of a concentration Case M.11337 MUSASHI / DELTA / TOYOTA / JV
Candidate case for simplified procedure Text with EEA relevance
C/2023/1051
1. On 10 November 2023, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation EC No 139/2004 1.
This notification concerns the following undertakings:
Musashi Auto Parts India private limited Musashi, India, controlled by Musashi Seimitsu Industry Co., Ltd. Japan, Delta Electronics, Inc. Delta, Taiwan, Toyota Tsusho Corporation TTC, Japan.
Musashi, Delta, and TTC will acquire within the meaning of Article 31b and 34 of the Merger Regulation joint control over a newly created company constituting a joint venture.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned are the following:
Musahi manufactures and supplies automotive components, notably transmission components for twoand fourwheeler vehicles, Delta provides power and thermal management solutions, TTC is active in the provision of distribution and logistics services for the automotive industry, as well as in the trading of metals, machinery, chemicals, foodstuffs, and electronic products.
3. The business activities of the newly created joint venture will be the following: supply of components, notably electric drive systems, for two-wheeler electric vehicles, primarily in India.
4. On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation EC
No 139/2004 on the control of concentrations between undertakings 2 it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
5. The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.11337 MUSASHI / DELTA / TOYOTA / JV
1 OJ L 24, 29.1.2004, p. 1 the Merger Regulation.
2 OJ C 160, 5.5.2023, p. 1.
ELI: http data.europa.eu/eli/C/2023/1051/oj
1/2
